The relationship between competition and stability is also ambiguous and dominated by two schools of thoughts in theoretical literature: “competition-fragility” and “competition-stability” hypotheses. The competition fragility hypothesis (also called as franchise value paradigm), states that increased competition among banks leads to greater banking risk-taking and thereby, greater financial fragility. This is because intense bank competition results in a reduction in market power as well as profit margin, which weakens the franchise value of banks. Therefore, in order to cover the...
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As I walk out the door into the courtyard, I’m caught off guard by the blaring sun. It’s summertime. The grass is vivid and freshly cut. Birds can be heard chirping in the distance. There are no clouds in sight, giving way to scalding temperatures. And, on that day, one that seemed like the hottest day of the year, I am wearing a suit. The occasion was a competition at the end of MITE, a program introduced me to the...
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Introduction An article published on 20 February 2019 by the Guardian discusses the concerns associated with the merger of two supermarket giants, ASDA and Sainsbury’s. The article resolves around Competition and Markets Authority (CMA) finding “extensive competition concerns” while investigating the proposed deal. Media has raised an issue concerning consumers and welfare, which are threatened by the potential merger. Many industrial economics topics are implied in the article, these include horizontal merger, welfare, market definition, etc. In this essay I...
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Abstract In this article, we are elaborating the various relationships that exist among competitors both on an activity and resource level as well as on an individual level. The firms will have different roles in different activities and interactions. Competitive and cooperative activities can in some cases be in conflict with each other. If a firm should choose to either cooperate or compete, or if it should try to combine competition and cooperation, has therefore become a strategically important issue....
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CarMax is the largest and most well-known used car dealer in the U.S automotive sector and constantly works to remain relevant and innovative. Consumers in the used car market want an environment that is user-friendly, dependable, and transparent while accommodating their needs. Reliability in the automotive sector is key. Many customers begin their car buying journey online. While others prefer to come in person to the store. Savvy car buyers enjoy researching information online prior to contacting the dealership. The...
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Competition is one of the areas upon which self-esteem can be dependent and the vanity of people enormously relies upon greater heavily on their performance relative to others. Competition and competition might also share the equal simple DNA however they are not synonymous. While competition commonly stays goal and stakes-based on the other hand contention operates on a greater personal and consequently often the less rational field. Rivals are clearly actors in opposition with one any other whether or not...
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1. Executive Summary Parkaid is a smart parking application that helps drivers to solve parking issues by using real-time parking data and GPS technology. Its main purpose is to improve parking efficiency, optimize the use of available spaces and minimize the impact of parking on traffic and environment. With the implementation of big data and intelligent algorithms, we dedicate ourselves to provide our users with an enjoyable and less stressful parking experience. Parking inefficiency has been a common metropolitan area...
6 Pages
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Executive Summary Established in 2020, Aromium Pty Ltd is an Australian Small Enterprise that is dedicated on providing consumers an innovative technological diffuser that will create a pleasant and comfortable environment through the sense of smell. Aromium’s Ultrasonic Candle Diffuser, the first official innovative candle diffuser within the technological industry, focuses on aromatherapeutic purposes, as well as the significant health risks associated with burning candles for long periods of time. Through this business plan, which outlines various fundamental business decisions...
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SWOT analysis is an analysis that evaluates the internal and external factors in an organization’s environment. The internal factors include strength and weakness whereas the external factors are opportunities and threats. Strength Worldwide Presence: - Kellogg’s is a renowned cereals company that is being manufactured in almost 18 countries and marketed over 180 countries. The company is the most successful and leading producer of cereals that is keeping its pace with global manufacturing and marketing capabilities and has become a...
4 Pages
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Amazon is considered to be the biggest e-commerce platform that specializes in online retail, cloud computing, digital content and competes in thirty other industries. Amazon was established by Jeff Bezos on July 5, 1994, and began its venture as an online book shop, however later it extended to selling video/music content, computer games, hardware, clothing, furniture jewelry, toys, and AI services. Recently in 2017, Amazon has acquired Whole Foods Market chain for around 14 billion US dollars. It’s believed that...
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SWOT ANALYSIS SWOT analysis is a method for identifying organization’s strengths, weaknesses, opportunities and threats. SWOT analysis evaluates what an organization can or cannot do in terms of both internal as well as external factors. Conducting a SWOT analysis determines the factors that will assist the firm in achieving its objectives. SWOT also identifies the factors that must be minimized or overcome to attain the desired result. In BMW, we found several of strength, weaknesses, opportunities and threats. For strength,...
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Introduction In 1956 Charles Tiebout in his article “A Pure Theory of Local Expenditure” introduced the notion that decentralization leads to superior variation in the provision of local public goods (goods that are tailored to better suit local population). He introduced the Tiebout model, a model that seeks to attest that decentralization is the solution to the “free rider” problem in local governments and that interjurisdiction competition leads to the provision of public goods at a peak level, as it...
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If you have in mind starting your own massage therapy business, you've probably wondered what is the necessary planning for starting a business? Certainly, doing good planning requires investing the time and energy you could spend practicing massage therapy. However, it is certainly a long-term investment for your business success. If the various tools presented in this article are not guarantees of the success of your company itself, they will certainly improve your chances of success in the adventure. Business...
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Introduction Competition is a fundamental and pervasive factor in human existence, influencing behaviors, fostering innovation, and impacting outcomes in different areas. The invisible hand influences market dynamics, motivates individuals and organizations to exceed their limits, and tests the durability and adaptability of entities. In nature, competition for resources like food, territory, and mates has played a significant role in natural selection, resulting in the evolution of species and the diversification we see today. Conflict in human civilization takes various forms,...
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1.0 Introduction Globalization is about the interconnectedness of individuals and businesses throughout the world that ultimately leads to global ethnicity and political, legal, and economic integration. It is the aptitude to move and communicate easily with others all over the world in order to conduct business internationally. Although globalization has occurred throughout history, the end of the 20th century and the beginning of the 21st have seen a rapid increase in the economic, cultural, and technological interactions between nations. In...
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The alternative strategies that Ryanair should adopt to maintain competitiveness include the following. Firstly, Ryanair should continue to adopt the ‘red ocean strategy’ where it steals customers from other markets segments or from other major airlines. It can do this by stealing customers from the business class segments of other airlines for its’ own airline’s leisure and business travel. If the company continues with the adoption of this strategy then it can prove that a differentiated marketing strategy is still...
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In a world outside the bubble of childhood, real-life challenges enter into people’s paths whether they like it or not. It is something inevitable, and it happens in every single person’s life. For this reason, being prepared of losing helps us face the harsh reality of life. Whenever kids join competitions or contests, most of them spend time and effort preparing for these academic events. However, no matter how much effort and time they all put in, there should only...
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Challenges faced when starting a business Abstract There are many challenges that an owner might face while starting a business depending on what a business might sell due to the current difficulties. Which is when taking proportions and answering every detail and being ready for any flaws that might occur and ruin the business. such as the pandemic and how businesses may tend to struggle with how they could operate and make a profit by selling their goods to their...
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The manner in which businesses are done in the modern era have been altered a lot by the usage of information system in the firms all around the world. Information system has made processing faster in any firm. The data about inventory is available on the computers and the orders are processed over the computers and in this way the count of things go out are added up for purchase by the information system, thus there is no manual counting...
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Cloud computing is maybe the impressive automated advancement of the 21st century. This is on the grounds that it has seen the quickest assumption into the standard than some other innovation in the area. This reception has been energized essentially by the regularly expanding number of mobile devices and cell phones that can get to the web. Distributed computing isn't only for associations and organizations; it's helpful for the normal individual also. It empowers us to run programming programs without...
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United Parcel Service (UPS), the international package delivery company, grew out of a messenger service established in Seattle in 1907 by an enterprising 19-year-old named James E. 'Jim' Casey and his friend, Claude Ryan. Beginning with two bicycles, one phone, a tiny office in the basement of a saloon, and $100 borrowed from Ryan's uncle, the two lay the foundation for what became a multi-billion dollar corporation involved in the flow of goods, funds, and information around the world. Today,...
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Nowadays, we see businesses use advanced technologies such as virtualization for storage and compute power, and software for internal processes being delivered over the Internet via pay-per-use models. But what existed before cloud came into the spotlight? Traditional on premise consisted of stand-alone computers (Ashraf, 2014) and more recently, large, expensive, difficult to maintain server rooms on site which handle business processes, store customer data and provide compute power. Using an on-premise model, internal business processes are carried out on...
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Executive Summary This report intends to demonstrate crucial aspects of business management to absorb and strengthen the value proposition of a business. The following will discourse in the report, (1) the role of management in businesses; (2) business management issues within the country, region, and the world, and finally (3) business management professionals. Furthermore, recommendations will be given on how to enhance the effectiveness of business management and better manage the business management professionals. Introduction Business management is the act...
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Amazon.com, Inc. is an American multinational technology company and largest digital marketplace in the world which founded by Jeff Bezos in Bellevue, Washington in 1994 and its headquarter is located at Seattle, Washington. Its businesses focused on e-commerce, cloud computing and online streaming. The mission of Amazon is becoming the earth’s most customer-centric company (Amazon.com Inc, 2020), whereby the clients can easily find anything that they wanted to buy on digital or physical store, and endeavors for offering the products...
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Every enterprise and every business exist to attain its goal, both social and business goals. Information system is crucial for the continued existence of any business. Amazon is one of the major E- commerce worldwide with the large number of its customers. Amazon uses information systems in its business processes to gain more advantage through their customer's personal information. Therefore, this report is about how organizations like Amazon use information system as a gadget to obtain its ambitions. The role...
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Organizations exist to achieve some purpose or goal, someone has to define that purpose or goal and find ways to achieve it. A manager is that someone and does this by planning. Planning includes defining goals, establishing strategy, and developing plans to coordinate activities. Setting goals, establishing strategy, and developing plans ensures that the work to be done is kept in proper focus and helps organizational members keep their attention on what is most important. Planning is a very essential...
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McDonald’s Corporation is an America-based fast-food chain that was formed back in 1940 by Ray Kroc and now it’s a market leader. The business model is a fast-service restaurant with several franchises operating globally. They sell products such as cheeseburgers, Big-Mac, fish fillet burgers, wrap sandwiches, happy meals, salads, French fries, McNuggets, McFlurry, cold and hot beverages and many more. They also provide free Wi-Fi, play and party areas and delivery services. The company is well known for its drive-thru...
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Google Company were officially launched in 1998 by Larry Page and Sergey Brin as the founders of Google. Larry Page and Sergey Brin were the student at Stanford University in California and it is founded by both of them at September 4, 1998 in Menlo Park, California, United State. The first search algorithm that had been developed in 1996 is known as ‘BackRub’. After that, in 2003 the search engine were soon proved successful and finally settling in Mountain View,...
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Google needs no introduction, nowadays, billions of people are using internet and searching information and share thoughts via one of the leading search engines, Google across the world. Google is an American multinational technology company founded in 1998. Google started as small search engine, developed rapidly correlating with the fast development of internet. Today, Google is not only a search engine, Google has wide array of products such as Google Glass, Google fiber internet, Gmail, social networking and even operating...
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Being a risk taker, being principled, and being caring are traits that both Rudy and the MYP learner profile traits have in common. At the start of the movie, Rudy shows that he is a risk taker by traveling to South Bend in the middle of the night to see if there is any way he could play on the football team (Anspaugh). He took the risk to leave his job and his family and everyone he knows and loves...
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